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I agree that private consumer spending will only result in more penniless, homeless and hopeless folks during the looming "Commuppance". It should be Government providing the spark to get us back to a normally functioning economy. The Roosevelt "New Deal" expenditures may not have pulled America out of a depression, but they certainly pulled Americans out of idleness and despair while completing useful and beautiful civic marvels.
But bail-outs, stimulus packages and government infusions won't do a thing if the value flows straight into the bulging pockets of the now-far-removed wealthy class. What we really need now is a restoration of Justice.
The Obama Administration must, upon assumption of office, establish a Justice Department that has ZERO TOLERANCE of corporate and banking fraud and a demonstrated intent to recover public funds that were swindled away and hidden. The RICO statutes provide for this kind of justice, indeed were written to address sophisticated racketeering like that clearly committed by the Banking Cartel. It's time this money is found and recovered. We are talking big fish here: If racketeering is accused, then Henry Paulson is Enemy #1.
And so be it.
